Nationwide Variable Insurance Trust has made important updates to its investment offerings, specifically regarding the NVIT Blueprint Moderately Conservative Fund. This update is significant as it reflects the company's commitment to transparency and responsiveness to its investors.

Background

Nationwide Variable Insurance Trust, incorporated in Delaware, operates as an investment entity. The company is known for its various investment funds and has been active in the market, with multiple recent filings indicating ongoing adjustments to its offerings. The company filed several forms on October 29, 2026, including the 497K form, which details changes in investment strategies and fund management.

What the Filing Says

The recent filing, dated October 29, 2026, states, "Effective immediately, all references to, and information regarding, Keith P. Robinette, CFA in the Summary Prospectus are deleted in their entirety." This change suggests a significant shift in the management or oversight of the fund.

Impact

This update may affect investors in the NVIT Blueprint Moderately Conservative Fund, as well as potential investors considering this fund for their portfolios. The removal of a prominent figure such as Robinette could lead to questions about the fund's management and future direction.

What's Next

The filing does not say what happens next.

Company Details

Nationwide Variable Insurance Trust is incorporated in Delaware and operates from its business address at One Nationwide Plaza, Columbus, Ohio, with a fiscal year ending on December 31. The company has a Central Index Key (CIK) of 0000353905, which is used for SEC filings.

Former Names

The trust has undergone several name changes in its history, previously known as Gartmore Variable Insurance Trust, Nationwide Separate Account Trust, and Nationwide Separate Account Money Market Trust, with the most recent name change occurring on January 25, 2002.

Investment Classes

The NVIT Blueprint Moderately Conservative Fund offers multiple classes of contracts, including Class I, Class II, and Class Y, which cater to different investor needs and preferences.

Filing Context

The 497K filing is part of a series of documents filed by the trust on the same date, indicating ongoing adjustments and updates to their investment strategies and fund management. This filing reflects the company's efforts to maintain compliance with the Securities Act of 1933.

Missing Information

The filing does not provide details on the reasons behind the removal of Keith P. Robinette or any information regarding his potential replacement or the future management structure of the NVIT Blueprint Moderately Conservative Fund.